Are you interested in the world of finance and entrepreneurship? Do you have a passion for investing and supporting innovative ideas? If so, then studying Venture Capital could be the perfect fit for you! Venture Capital is a field of study that focuses on providing funding and support to early-stage startups and entrepreneurs. It involves identifying promising business ideas and investing in their growth and development. This exciting field is all about taking risks, making smart investments, and helping startups succeed. One of the most appealing aspects of Venture Capital is the potential to make a significant impact on the world. By investing in innovative ideas and supporting entrepreneurs, you have the opportunity to help shape the future of business and technology. Some notable examples of successful Venture Capital investments include Uber, Airbnb, and Dropbox. At the undergraduate level, typical majors and modules might include courses in finance, accounting, and entrepreneurship. You'll learn about the financial and legal aspects of investing, as well as how to identify promising business ideas and evaluate their potential for success. If you choose to specialize in Venture Capital, you may explore areas such as angel investing, private equity, and impact investing. These specializations can lead to exciting career opportunities in fields like social entrepreneurship, sustainable investing, and more. Some potential future jobs and roles in Venture Capital include venture capitalist, investment analyst, and portfolio manager. You could work for a variety of employers, including venture capital firms, private equity firms, and investment banks. Notable employers in this field include Sequoia Capital, Andreessen Horowitz, and Kleiner Perkins. To succeed in Venture Capital, it's important to have strong analytical and critical thinking skills. You should also be comfortable taking risks and making tough decisions. A background in finance or entrepreneurship can be helpful, but it's not always necessary. Above all, a passion for supporting innovative ideas and helping entrepreneurs succeed is key. So if you're ready to dive into the exciting world of Venture Capital, start exploring your options today! With the right education and skills, you could be on your way to a rewarding and impactful career in this exciting field.

Explore the design-led innovation process that led to the creation of Pay It Plan It, a feature that offers American Express Card Members more flexibility, control, and transparency in managing their credit card payments. The feature allows Card Members to pay for small purchases quickly while still earning rewards and to split larger purchases into equal monthly payments with a fixed fee and no interest. The article highlights the challenges the team faced in introducing this feature in a highly regulated industry and how they successfully found ways to introduce new behaviors and cross-discipline collaboration.

The next big financial fraud could be larger and more devastating than the recent FTX scandal, according to Wharton professors Daniel Taylor and Michael Roberts. He warns that unless regulators embrace analytics as aggressively as fraudsters, the financial markets will become increasingly complex due to the introduction of new biases and fraudulent activities will persist for longer at a larger scale.

Have you ever wondered how the world's most successful investors manage to navigate the complex world of finance? Look no further than the exciting and dynamic field of portfolio management! As a portfolio manager, you'll be responsible for overseeing the investment portfolios of individuals and institutions alike. You'll work closely with clients to understand their financial goals and risk tolerance, and then use your expertise to craft a customized investment strategy that aligns with their needs. But that's just the beginning. As a portfolio manager, you'll be constantly monitoring the markets and analyzing trends to ensure that your clients' portfolios are performing optimally. You'll be making decisions about what securities to buy and sell, and when to do so. And you'll be working with a team of analysts and other financial professionals to stay ahead of the curve and identify new opportunities for growth. One of the most appealing aspects of a career in portfolio management is the potential for specialisation. Whether you're interested in equities, fixed income, real estate, or any number of other asset classes, there's a niche for you in this exciting field. So what kind of education and training do you need to become a portfolio manager? While there's no one-size-fits-all answer, many successful portfolio managers have undergraduate degrees in finance, economics, or accounting. Some even go on to pursue advanced degrees or certifications, such as a Chartered Financial Analyst (CFA) designation. But beyond formal education, there are certain personal attributes that can set you up for success in this field. Strong analytical skills, a keen attention to detail, and the ability to think creatively and adapt to changing market conditions are all essential qualities for a successful portfolio manager. And what about job prospects and the longer-term outlook? The good news is that the demand for skilled portfolio managers is only expected to grow in the coming years, as more and more individuals and institutions seek out expert guidance for their investments. Some notable employers in this field include large financial institutions like BlackRock and Vanguard, as well as boutique investment firms and even government agencies. So if you're looking for a challenging and rewarding career that combines your passion for finance with your analytical skills and creativity, look no further than portfolio management!

Are you interested in helping people secure their financial futures? Do you have a knack for numbers and a passion for problem-solving? If so, a career in financial planning might be the perfect fit for you! As a financial planner, you will work with individuals and families to create comprehensive financial plans that help them achieve their goals and dreams. Whether it's saving for retirement, buying a house, or paying for college, financial planners play a crucial role in helping people make informed decisions about their money. One of the most appealing aspects of a career in financial planning is the opportunity to make a real difference in people's lives. By providing expert advice and guidance, you can help your clients navigate complex financial issues and achieve their dreams. Typical duties of a financial planner include assessing clients' financial situations, developing personalized financial plans, providing investment advice, and monitoring progress towards financial goals. Many financial planners specialize in areas such as retirement planning, estate planning, or tax planning, while others work in related fields such as banking, insurance, or accounting. To become a financial planner, you typically need a bachelor's degree in a related field such as finance, accounting, or economics. Popular undergraduate programs for aspiring financial planners include the Bachelor of Science in Finance, Bachelor of Business Administration, and Bachelor of Science in Economics. Many financial planners also pursue advanced degrees such as a Master of Business Administration or a Certified Financial Planner (CFP) certification. In addition to strong analytical skills and a deep understanding of financial markets, successful financial planners possess a range of helpful personal attributes such as excellent communication skills, attention to detail, and a passion for helping others. The job outlook for financial planners is strong, with the Bureau of Labor Statistics projecting a 4% growth rate over the next decade. Financial planners can work for a variety of employers, including banks, investment firms, insurance companies, and government agencies. Some of the most notable and attractive potential employers in the field include firms such as Goldman Sachs, JPMorgan Chase, and Morgan Stanley, as well as government agencies such as the Securities and Exchange Commission and the Federal Reserve. In conclusion, a career in financial planning offers a unique and rewarding opportunity to make a real difference in people's lives while also building a successful and fulfilling career. If you're interested in helping people achieve their financial goals and dreams, consider exploring this exciting and dynamic field today!

Big-tech credit is projected to surpass $1 trillion globally by 2023, but what impact will it have on traditional lenders? Our research shows that non-bank traditional lenders face direct competition from big techs in small loans, leading to a decline in their lending business. However, they respond by holding higher lending standards, implying a more conservative attitude towards who qualifies as a borrower. Discover the implications of big-tech credit on the financial system and its potential impact on financial inclusion.

Finance is an exciting field of study that revolves around the management of money and investments. It plays a crucial role in both the business world and our daily lives, making it a fascinating and rewarding area to explore. Whether you're interested in becoming a financial analyst, a stockbroker, or a financial planner, the study of finance can help you achieve your career goals. One of the most appealing aspects of finance is the potential for high salaries and job security. It is an industry that is always in demand, making it an excellent choice for anyone looking for a stable and lucrative career. Some of the most successful people in the world, including Warren Buffett and Michael Bloomberg, have made their fortunes in the world of finance. In terms of academic discourse, the study of finance has seen exciting innovations in recent years. The rise of Fintech, for example, has completely transformed the way we think about and manage money. Additionally, many academic figures in the field have made significant contributions to our understanding of finance, ranging from Nobel laureate Eugene Fama to personal finance guru Suze Orman. At the undergraduate level, students typically study a range of topics including financial accounting, financial management, and investment analysis. There are also opportunities for specialisation in areas such as financial planning, corporate finance, and investment banking. Real-life examples of exciting careers in finance include roles like investment banker, financial analyst, and financial consultant. There are many exciting potential career paths for those studying finance. In addition to the traditional roles mentioned above, graduates may find opportunities in fields such as real estate, insurance, and government. Many leading financial institutions, such as Goldman Sachs, JPMorgan Chase, and Morgan Stanley, offer excellent opportunities for graduates looking to break into the industry. To succeed in the field of finance, students should have excellent analytical and problem-solving skills, as well as a strong interest in economics and mathematics. Other useful skills include attention to detail, communication skills, and the ability to work well under pressure.

Join the fight against the impacts of the climate crisis! The historic decision of the establishment of the Loss and Damage Fund at the UN Climate Conference (COP 27) aims to provide financial assistance to nations most vulnerable to the effects of climate change. But this is just the beginning, dive in to learn more about loss and damage and what it means for our future!

Are you interested in the world of finance and investment? Do you want to learn about managing money and making smart investment decisions? If so, then the study of Investment Management might just be the perfect fit for you! Investment Management is a field of study that focuses on the management of financial assets, such as stocks, bonds, and real estate. It involves analyzing market trends, assessing risk, and making informed decisions about how to invest money in order to maximize returns. One of the most appealing aspects of Investment Management is the potential to make a real impact on people's lives. By investing in companies that are making a positive difference in the world, you can help to drive social and environmental change while also earning a return on your investment. In addition to the practical applications of Investment Management, there is also a rich academic history to explore. From the groundbreaking work of Nobel Prize-winning economist Harry Markowitz to the innovative research being done by today's leading scholars, this field is constantly evolving and pushing the boundaries of what is possible. At the undergraduate level, typical majors and modules include courses in finance, accounting, economics, and statistics. As you progress in your studies, you may choose to specialize in areas such as portfolio management, risk management, or alternative investments. There are also a wide range of potential future jobs and roles that this field of study might be directly helpful for. These include positions in investment banking, asset management, private equity, and venture capital, among others. Some notable and attractive potential employers include BlackRock, Fidelity Investments, Goldman Sachs, and J.P. Morgan. To succeed in Investment Management, it is important to have strong analytical skills, a keen eye for detail, and a passion for finance and economics. You should also be comfortable working with numbers and data, and have a natural curiosity and drive to learn more about the world of finance. Overall, the study of Investment Management is a fascinating and rewarding field that offers a wealth of opportunities for personal and professional growth. So if you're interested in exploring the world of finance and investment, then this might just be the perfect field for you!

Don't throw good money after bad! A recent study by Wharton finance professor Marius Guenzel, titled "In Too Deep: The Effect of Sunk Costs on Corporate Investment," reveals that sunk costs can lead to significant distortions in investment decisions made by firms. Find out why CEOs ignore the principle of sunk costs and how it can impact a company's performance. The article also discusses strategies that firms can use to overcome the sunk cost fallacy and make more effective investment decisions.

Do you have a knack for numbers and a passion for helping others achieve their financial goals? If so, a career as a Financial Advisor may be just the path for you! As a Financial Advisor, you'll work with clients to help them manage their money, invest wisely, and plan for the future. You'll be a trusted advisor, providing guidance on everything from retirement planning to estate management. One of the most appealing aspects of this role is the opportunity to make a real difference in people's lives. Whether you're helping a young family save for their first home or advising a retiree on how to maximize their income, you'll be making a meaningful impact on your clients' financial well-being. In terms of duties, Financial Advisors typically provide a range of services, including investment management, tax planning, and insurance advice. Some may specialize in certain areas, such as retirement planning or estate management, while others may work with specific types of clients, such as high net worth individuals or small business owners. To become a Financial Advisor, you'll typically need a bachelor's degree in finance, economics, or a related field. Popular undergraduate programs and majors include finance, accounting, and business administration. Many Financial Advisors also go on to earn advanced degrees or certifications, such as a Master of Business Administration (MBA) or the Certified Financial Planner (CFP) designation. In addition to a strong educational background, successful Financial Advisors typically possess a range of helpful personal attributes, such as excellent communication skills, attention to detail, and a customer-focused mindset. Job prospects for Financial Advisors are generally strong, with demand expected to grow in the coming years. Some notable potential employers include large financial institutions such as J.P. Morgan and Wells Fargo, as well as smaller boutique firms and independent advisory practices. So if you're looking for a career that combines your love of numbers with your desire to help others, consider becoming a Financial Advisor. With hard work and dedication, you'll have the opportunity to make a meaningful impact on the financial lives of your clients, while building a rewarding and fulfilling career for yourself.

Are you looking for a career that combines finance, strategy, and problem-solving? Consider becoming an Investment Banker! Investment Banking is a dynamic and exciting field that involves helping companies and governments raise capital, acquire other businesses, and manage risk. As an Investment Banker, you will work with clients to identify and execute on strategic financial transactions. This could include advising on mergers and acquisitions, underwriting securities offerings, or providing financial advice on complex business decisions. You will need to be analytical, creative, and able to work well under pressure. One of the most appealing aspects of Investment Banking is the potential for high earnings. Many Investment Bankers are well-compensated for their work, with the top earners often making millions of dollars per year. However, this is a highly competitive field, and success requires hard work, dedication, and a willingness to take on challenging assignments. Typical duties for an Investment Banker include financial analysis, due diligence, and deal negotiation. You will need to be able to work with complex financial models and communicate effectively with clients and other stakeholders. Specializations within the field include corporate finance, capital markets, and mergers and acquisitions. To become an Investment Banker, you will typically need a bachelor's degree in a related field such as finance, economics, or accounting. Popular undergraduate programs for aspiring Investment Bankers include the Bachelor of Science in Finance, Bachelor of Business Administration in Finance, and Bachelor of Arts in Economics. Many Investment Bankers also pursue advanced degrees such as an MBA or a Master of Finance. Helpful personal attributes for Investment Bankers include strong analytical skills, excellent communication skills, and the ability to work well in a team. You will need to be able to think critically and creatively, and to be comfortable working in a fast-paced, high-pressure environment. Job prospects for Investment Bankers are generally good, with many opportunities available in major financial centers around the world. Some of the most notable and attractive potential employers in the field include Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Citigroup. However, competition for these positions can be fierce, so it is important to be well-prepared and to have a strong network of contacts in the industry. In summary, Investment Banking is a challenging and rewarding career that offers the potential for high earnings, exciting work, and meaningful impact on the world of finance. If you are interested in pursuing a career in this field, start exploring your options today!

Cryptocurrency ventures are filing for bankruptcy, raising concerns about regulatory protection for retail consumers. Thomas Kalafatis and Richard Nesbitt argue that while cryptographically enhanced commerce is here to stay, regulators must become more aggressive with both coins and programming code to keep externalities under control. The lack of protection for disadvantaged consumers imposes a disproportionate cost of failure. Despite clear regulations, fraud still occurs, and more uniform and less arbitrageable regulation is needed to meet the public's demand for the benefit of cryptographically enhanced commerce.

Are you curious about the link between derivatives and systemic risk in Africa's emerging financial markets? Check out this fascinating article from the London School of Economics! Learn about the growth of derivatives markets in Africa, their impact on financial stability, and the potential for a banking crisis. Discover how the use of derivatives can weaken the financial sector and create financial illiquidity, and explore pathways to ease the risk of a banking crisis in similar transitional economies. Don't miss out on this insightful analysis that sheds light on an important topic in the world of finance!

Are you good with numbers and love the thrill of solving puzzles? Do you have a passion for helping businesses succeed financially? If so, a career in accounting may be the perfect fit for you! Accounting is a field that plays a critical role in the success of businesses, both big and small. Accounting professionals are responsible for ensuring that financial records are accurate and up-to-date, helping businesses make informed decisions based on financial data, and providing advice on tax and financial planning strategies. As an accountant, you could work in a variety of different settings, including public accounting firms, government agencies, non-profits, or even start your own accounting practice. Some accounting professionals even work for famous organizations like the NFL or NASA! Typical duties of an accountant may include preparing and analyzing financial statements, conducting audits, managing budgets, and providing advice on financial planning strategies. There are also various areas of specialization within the accounting field, such as tax accounting, auditing, or forensic accounting. To become an accountant, you'll typically need at least a bachelor's degree in accounting or a related field, such as finance or business administration. Popular and relevant undergraduate programs and majors include a Bachelor of Science in Accounting, a Bachelor of Business Administration in Accounting, or a Bachelor of Science in Finance. Helpful personal attributes for success in accounting include strong analytical and problem-solving skills, attention to detail, effective communication, and the ability to work both independently and as part of a team. Job prospects for accountants are strong, with the Bureau of Labor Statistics projecting a 10% increase in employment opportunities for accountants and auditors between 2016 and 2026. There are many potential employers for accounting professionals in both the public and private sectors around the world, including the "Big Four" accounting firms (Deloitte, PwC, EY, and KPMG), Fortune 500 companies, and government agencies. Some notable employers include Amazon, Google, the Federal Bureau of Investigation (FBI), and the World Bank.

Discover the revolutionary technology that is changing the financial system as we know it, without needing any prior knowledge in computer science or cryptography. In "25 Steps to Understanding Blockchain", technical concepts are explained through pictures, analogies, and metaphors, making it accessible to everyone. This book bridges the gap between purely technical and business-focused books, by explaining the role of blockchain in business-relevant applications. Learn about the major components of blockchain, how they work and interact, and the limitations and potential of this exciting technology. Recommended for anyone who is curious about the revolutionary technology of blockchain, regardless of their field of study or profession. This book is perfect for those who want to gain a general understanding of what blockchain is, how it works, and its potential impact on the financial system. It is particularly relevant for those in the finance industry, technology enthusiasts, entrepreneurs, and anyone interested in the future of business. The book's accessible language and explanations make it easy for anyone to grasp the concepts behind blockchain technology, without needing any prior knowledge in computer science or cryptography.

Have you ever wondered how businesses make financial decisions, invest in new projects, or manage their funds? Then a career in finance might be the perfect fit for you! Finance is a dynamic and exciting field that offers a wide range of opportunities for individuals with strong analytical and problem-solving skills, as well as a keen interest in global markets and economic trends. As a financial professional, you will be responsible for helping individuals and organizations make sound financial decisions. You may work for large corporations, investment banks, hedge funds, private equity firms, or other financial institutions. One of the most exciting aspects of the finance industry is that it is constantly evolving and adapting to changes in the global economy. You'll be at the forefront of financial innovation and play an integral role in shaping the future of the global economy. Typical duties of a finance professional can include financial analysis, risk management, investment management, financial planning, and corporate finance. Depending on your specific area of specialization, you may work on projects such as mergers and acquisitions, initial public offerings (IPOs), or equity research. There are also various related fields, such as accounting, economics, and financial engineering, that can provide additional opportunities for growth and advancement in the finance industry. To become a successful finance professional, you will typically need a bachelor's degree in finance, accounting, economics, or a related field. Some popular undergraduate programs and majors include Finance, Accounting, Economics, Business Administration, or Mathematics. A Master of Business Administration (MBA) or a Master of Finance (MFin) can also be a great asset for career advancement in the field. Helpful personal attributes for success in the finance industry include strong analytical and problem-solving skills, attention to detail, and excellent communication and interpersonal skills. A passion for global markets and economic trends is also essential, as well as a desire to constantly learn and adapt to new developments in the field. Job prospects in the finance industry are generally strong, with many attractive opportunities available in both the public and private sectors around the world. Some notable and attractive potential employers include Goldman Sachs, JPMorgan Chase, Morgan Stanley, BlackRock, and the World Bank Group.

Are you looking for a career that combines your love for finance, business, and customer service? Then a career as a Commercial Banker may be just what you're looking for! As a Commercial Banker, you'll be responsible for managing relationships with business clients, helping them with their banking needs, and providing financial advice. This is a dynamic and exciting field, with a wide range of opportunities for growth and advancement. One of the most appealing aspects of this job is the opportunity to work with a wide range of clients, from small businesses to large corporations. You'll be able to help businesses grow and thrive, and you'll be an important part of their financial success. Typical duties in this field include managing accounts, providing financial advice, and developing relationships with clients. You may also specialize in areas such as commercial lending, treasury management, or investment banking. To become a Commercial Banker, you'll typically need a Bachelor's degree in finance, accounting, or a related field. Popular majors for this career include finance, economics, and business administration. You may also need to complete additional training or certification, depending on your area of specialization. Helpful personal attributes for this career include strong communication skills, analytical thinking, and a customer-focused mindset. You'll need to be able to work well under pressure, and you'll need to be comfortable with technology and data analysis. Job prospects for Commercial Bankers are strong, with a projected growth rate of 4% over the next decade. There are a wide range of potential employers in this field, including major banks such as JPMorgan Chase, Wells Fargo, and Bank of America. You may also find opportunities with smaller regional banks, or with government agencies such as the Federal Reserve. So if you're looking for a challenging and rewarding career in finance, consider becoming a Commercial Banker. With the right education, training, and personal attributes, you could be on your way to a successful and fulfilling career in this exciting field!

Are you interested in the intersection of finance and technology? Do you want to be at the forefront of innovation in the financial industry? Then studying Financial Technology (FinTech) at university undergraduate level might be the perfect fit for you! FinTech is a rapidly growing field that combines finance, computer science, and entrepreneurship to create innovative solutions for the financial industry. From mobile banking apps to blockchain technology, FinTech is changing the way we interact with money. In recent years, FinTech has seen significant growth, with investments in the industry reaching new heights. This has led to a surge in research and innovation, with academics and industry professionals working together to develop new technologies and business models. Some notable figures in the FinTech industry include Jack Ma, founder of Alibaba Group, and Max Levchin, co-founder of PayPal. These pioneers have made significant contributions to the industry, paving the way for future innovation. At the undergraduate level, students can expect to take courses in financial management, programming, data analysis, and entrepreneurship. These courses provide a strong foundation for students to pursue further specializations in areas such as blockchain, artificial intelligence, and cybersecurity. Upon graduation, students can pursue a range of careers in the financial industry, including roles in banking, insurance, and investment management. Notable employers in the industry include JPMorgan Chase, Goldman Sachs, and American Express. To succeed in the field of FinTech, students should possess strong analytical skills, an entrepreneurial mindset, and a passion for technology and finance. If you're interested in shaping the future of finance, studying FinTech could be the perfect path for you!

Emerging economies need significant financing to reduce emissions and adapt to climate change. Mobilizing private capital on a large scale is key, but faces multiple constraints. Innovative financing instruments can attract investors, and multilateral development banks can provide support through creating blended financing structures. Climate policies and finance are complementary, and establishing a strong climate information architecture will help. The IMF can play an important role through its surveillance, capacity development, risk assessments, and climate diagnostic tools.